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re: Who had their student loans wiped out today?
Posted on 11/28/23 at 11:24 pm to I_miss_lsufreak
Posted on 11/28/23 at 11:24 pm to I_miss_lsufreak
I wonder if they will have to pick it up as income with IRS
Posted on 11/28/23 at 11:30 pm to I_miss_lsufreak
Great, now more people can afford to major in Taylor Swift studies:
Taylor Swift College Courses to Be Offered at Harvard, UC Berkeley, University of Florida
Taylor Swift College Courses to Be Offered at Harvard, UC Berkeley, University of Florida
This post was edited on 11/28/23 at 11:31 pm
Posted on 11/29/23 at 7:49 am to I_miss_lsufreak
I don't agree with it, but I would rather this had been done than send one dime to those crooks in Ukraine.
Posted on 11/29/23 at 9:26 am to I_miss_lsufreak
For context:
quote:
The Biden administration used existing programs, including Public Service Loan Forgiveness and income-driven repayment plans, to deliver the debt cancellation. Previously, the relief under these programs was hard to access.
Posted on 11/29/23 at 9:26 am to Wally Sparks
I'm under PSLF and IDR and have not seen a cent.
Posted on 11/29/23 at 9:28 am to I_miss_lsufreak
Great, so blue collar workers can pay for snot-nosed idiots who got degrees in Lesbian Dance Theory.
At least the Democrats are still for the "little guy."
At least the Democrats are still for the "little guy."
Posted on 11/29/23 at 9:38 am to I_miss_lsufreak
Remember when the left and their "media" visorated Trump for wanting his signature on Covid checks, because it was an election ploy...was that (D)ifferent when it happened then?
Posted on 11/29/23 at 9:40 am to I_miss_lsufreak
Honestly, it’s kind of like a business write off for the government.
Posted on 11/29/23 at 9:42 am to CarpeDiem
Just for clarifcation from the article...Biden didn't do anything. These were programs already in place and likely approved by Congress.
"The Biden administration used existing programs, including Public Service Loan Forgiveness and income-driven repayment plans, to deliver the debt cancellation. Previously, the relief under these programs was hard to access."
$17,500 of my daughter's student loans will be forgiven (by Congress) next year after she finishes were fifth year of teaching in math in a Title I school. It was an obligation that she met for this forgiveness; therefore, she earned it by working with kids with, generally speaking, crappy parents who do not support teachers and their kids' education.
"The Biden administration used existing programs, including Public Service Loan Forgiveness and income-driven repayment plans, to deliver the debt cancellation. Previously, the relief under these programs was hard to access."
$17,500 of my daughter's student loans will be forgiven (by Congress) next year after she finishes were fifth year of teaching in math in a Title I school. It was an obligation that she met for this forgiveness; therefore, she earned it by working with kids with, generally speaking, crappy parents who do not support teachers and their kids' education.
Posted on 11/29/23 at 9:43 am to I_miss_lsufreak
Most of these are part of the PSLF program which is an old law passed by Congress. This isn't a unilateral admin action like the one the USSC slapped down.
Posted on 11/29/23 at 10:38 am to I_miss_lsufreak
Honestly better than sending it to Ukraine or Isntrael, but theft is theft.
Posted on 11/30/23 at 7:55 am to HottyToddy7
quote:
I'm under PSLF and IDR and have not seen a cent.
Did you finish the 120 payments you would've had to make under PSLF?
Posted on 11/30/23 at 7:57 am to 1BIGTigerFan
quote:
I think I had two payments left.
That’s the funny thing.
Some have thousands. Some paid thousands.
I paid mine off 6 years after graduating and felt pretty good about it.
There are some kids that want to pay the off while some believe it’s a right to have free education.
Crazy.
Posted on 11/30/23 at 8:03 am to Wally Sparks
quote:
Did you finish the 120 payments you would've had to make under PSLF?
I'm close (less than 12 payments) but not yet.
These programs have been around for over a decade. Why would anything with people being in these programs have changed under Biden? Make 120 payments, work in public service, get loans forgiven.
What did Biden do to change these?
This post was edited on 11/30/23 at 8:05 am
Posted on 11/30/23 at 8:05 am to I_miss_lsufreak
Thought courts ruled against this.
Posted on 11/30/23 at 8:11 am to LSUGrrrl
quote:
Thought courts ruled against this.
That is what I am trying to figure out. This sounds like programs that have existed for years and are just doing what they have always done. I have no idea what Biden has to do with this.
Posted on 11/30/23 at 12:56 pm to HottyToddy7
quote:
I'm close (less than 12 payments) but not yet.
These programs have been around for over a decade. Why would anything with people being in these programs have changed under Biden? Make 120 payments, work in public service, get loans forgiven.
What did Biden do to change these?
Yeah, once you finish you should be good to go. I was on PSLF a decade ago but the horror stories I heard once people became eligible to get forgiven made it to where I just decided to pay them off.
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